India Stocks: Indian shares muted as IT stocks drag; Delta Corp plunges

Delta

25/09/2023 04:56

BENGALURU, Sept 25 (Reuters) - Indian shares opened on a
weaker note on Monday, dragged by losses in information
technology stocks, while casino operator Delta Corp  DELT.NS 
plunged 10% after it received a notice from the tax department.
    The Nifty 50  .NSEI  was down 0.1% at 19,643 points as of
09:19 a.m. IST, while the S&P BSE Sensex fell 0.1% to 65,943
points.  
    IT stocks  .NIFTYIT  fell 0.3%. 
    Shares of Delta Corp  DELT.NS  slumped after the company
said on Friday it received a notice to pay taxes worth 111.4
billion rupees ($1.34 billion) along with interest and penalty.
    

 (Reporting by Sethuraman NR in Bengaluru; Editing by Sohini
Goswami)
 ((Sethuraman.NR@thomsonreuters.com; (+91 9945291420); Reuters
Messaging: nallur.sethuraman.thomsonreuters.com@reuters.net))